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Wells Fargo 1Q18: The Road Back is Long & Painful

Earnings Note: 15 Apr 2018, 11:08 PM ET
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Wells Fargo’s 1Q18 results were clouded by a host of headwinds tied to its scandals. Wells faces the risk of a sizable increase in operational RWAs, which could lower its capital ratios. But the company has begun the long recovery process.

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